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Oct 9, 2012 4:00am PDT
government is awash in cash. money buys influence, but it also may buy government itself. this is the unambiguous conclusion you reach in reading the book "billionaires & ballot bandits: how to steal an election in 9 easy steps." investigative reporter greg palast wrote it. he is a new york times-bestselling author and also works for the bbc and britain's the observer. what is going on is happening behind this very thin veneer of democracy, but as i read your book i get the sense that it really is a gross subversion of democracy. > > yes. we have to think about who these billionaires are. since we had citizens united, which created the so-called "corporate citizen," we've ended up with things like a million- dollar donation to the romney pac, restore our future - and i looked into it, by a company called f8 llc. > > what's that? > > i tried to look up, they have sales of $8,000 a year, which meant that their $1 million donation was pretty generous. also, the principal, a guy named diego, seems to exist only in a video game, "grand theft auto." he's an assassin. but under
Oct 10, 2012 4:00am PDT
programs created by the obama administration. holder says several government agencies coordinated efforts to track down con artists. "over the past 12 months it has enabled the justice department and its partners to file 285 federal criminal indictments and informations against 530 defendants for allegedly victimizing more than 73,000 american homeowners and inflicting loses in excess of one billion dollars." meanwhile, a u.s. attorney in new york has filed a civil lawsuit against wells fargo. the bank is accused of bilking consumers out of millions of dollars in mortgage fraud. wells denies allegations. meetings resume today for 8 u.s. senators aiming to avoid the year-end fiscal cliff. the bipartisan group continues a second day of meetings that will stretch into tomorrow. the goal is for democrats and republicans to reach an agreement on how to avoid the looming spending cuts that go into effect january 1st. after a blueprint is drawn up, congress will need to vote to pass the law. senators are meeting this week, although lawmakers have noted that the outcome of the election will impac
Oct 11, 2012 4:00am PDT
2006. this is due in part to higher tax revenues collected by state governments. however, whether the hiring boom is temporary may depend on factors like the fiscal cliff and the election. disturbing accounts of animal abuse are coming from an idaho dairy farm. undercover video at the bettencourt dairy farm in hansen, idaho, shows three men beating cows in milking stalls. animal cruelty charges have been filed against the three workers. it is the largest dairy operation in the state. the owner of the dairy farm said he was sick over the video and that the operation does not tolerate animal abuse. on a lighter note, the price of candy for cows is up. the practice of feeding cattle a sugary mix of cookies, candy bars and other delights has been going on for years, sometimes to improve milk production. this year, as more farmers substitute "candy" for "corn," the price of the sugary feed is rising. a livestock nutritionist tells us it is not harmful for the animals. farmers have a 3% limit on goodies they can feed cows. it is a "smashing" season for pumpkins. this fall's pumpkin crop
Oct 8, 2012 4:00am PDT
.s. government chip away at the federal deficit. and, it could be bottoms-up for investors in a beer and wine stock. keep it here. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. monday, october 8th. i'm angela miles. in today's first look: a new round of corporate earnings start up this week. overall, earnings are expected to tumble around 2% from last year. here's where we last left of on friday. stocks rallied on news the unemployment rate dropped to 7.8%. the dow gained, the s&p was flat, and a sell-off in apple dragged down the nasdaq. oil and gold staged dramatic pullbacks. today, platnum and gold producers will push to end a strike by south african workers over low wages. philip streible of rjo futures joins us on this monday morning. will we see a follow-through from that jobs number that came out on friday? > > that's a really interesting question. the reason why i bring that up is because the market reaction to the number, it was really well received. we saw the s&p 500 push up to 2007- level highs. bu
Search Results 0 to 3 of about 4